|SBoth increased production and increased
imports can contribute to meeting demand growth. First we focus on refinery production. Increases in refinery production comes from
2 sources – an increase in crude runs and an increase in the yield of
gasoline or distillate.
|SThis graph shows that refinery throughput, or
gross inputs, has increased – both due to refinery capacity running at
increased utilizations and increases in that capacity.
|SNow we turn to yields on the next slide.